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Under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 17(1)(b) of Chapter IV, if the regular Chairperson of the board of directors is a non-executive director who is also a promoter of the listed entity, the board of directors must satisfy which of the following composition requirements?
At least three-fourths of the board of directors shall be independent directors
At least half of the board of directors shall comprise of independent directors
At least two thirds of the board of directors must comprise of independent ones
At least one-third of the board of directors shall comprise of independent ones
At least half of the board of directors shall comprise of independent directors
Practice and solve "Under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) R..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option B: At least half of the board of directors shall comprise of independent directors. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) R..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option B: At least half of the board of directors shall comprise of independent directors. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.